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SILICON VALLEY -- The world's top two smartphone makers, Apple and Samsung Electronics, have been locked in a series of bitter patent infringement disputes over the past few years. Now the two tech giants have launched a new phase of the ba

SEOUL -- Smartphones have been good to the Samsung group, but like all good things, an end is inevitable, and with the company's other businesses on shaky ground, South Korea's largest business conglomerate is racing to restructure. And the need

SEOUL -- Family affairs and the succession of power appear blood-related to the restructuring now afoot inside the Samsung group, the largest of the South Korean business conglomerates. Samsung Electronics Chairman Lee Kun-hee turned 72 this yea

NEW YORK/FRANKFURT/TOKYO -- Global steelmakers are jostling for position in Mexico, looking to win custom from automakers expanding in the country. Mexico has signed a number of free trade agreements and offers relatively cheap labor, making the

SEOUL -- Samsung Electronics Co. has announced that its group operating profit for three months through March dropped by 4% from a year ago to 8.4 trillion won ($8.07 billion), and that group sales remained almost flat at 53 trillion won. Althou

SEOUL -- South Korean news media and academia are rife with "what if" questions about reunification with North Korea. One conclusion is almost certain, bringing the Korean Peninsula back together would be an expensive undertaking. On March 26, S

TOKYO -- As far as business years go, fiscal 2013 was a good one for Japan's automakers -- except for Nissan Motor. Various issues saw Nissan reduce its earnings projections for fiscal 2013, but the company is aiming to make a comeback year out

GUANGZHOU, China -- Homegrown smartphone manufacturers are taking a price war that began with 3G handsets to the next level, selling state-of-the-art devices for the new ultrafast LTE networks for less than 1,000 yuan ($160). Lenovo Group, No. 2

WASHINGTON -- For the first time, a U.S. cabinet member has voiced support for Japanese Prime Minister Shinzo Abe's decision to confront a long-standing taboo against fighting alongside allies under fire. "We welcome Japan's efforts to play a mo

SEOUL -- The apparent ease with which a drone believed to be of North Korean origin shot photos of the presidential palace in Seoul without being detected has some South Koreans worried. Photos of the building complex known as the Blue House wer

TOKYO -- Japan, the U.S. and South Korea will hold senior-level talks on North Korea's nuclear and missile issues early next week in Washington. Junichi Ihara, director general of the Japanese Foreign Ministry's Asian and Oceanian Affairs Bureau

SEOUL -- Avoid Seoul when looking for economic diversity. South Korea's top four conglomerates generated some 90% of the total net profit earned in the country in 2013, according to the Korea Fair Trade Commission. The fair trade watchdog de

For the first time, Chinese and South Korean groups have openly agreed to coordinate their efforts to gain restitution for forced labor at the hands of the Japanese during World War II. More than 100 victims and relatives gathered Wednesday in S

TOKYO -- Japan and the U.S. will likely agree to enhance cooperation in supporting Southeast Asian nations in sea surveillance and other areas when their leaders meet later this month. U.S. President Barack Obama is slated to visit Japan from Ap

TOKYO -- A government panel of experts, in a draft report it is currently working on, has suggested that the official interpretation of Japan's pacifist constitution be altered, enabling the government to come to the defense of allies with some rest

TOKYO -- ABC-Mart's operating profit for the year ended in February likely rose 12% to 34 billion yen ($324 million), a record high for an 11th consecutive year. That would put profit at the footwear retailer mostly in line with guidance, thanks

TOKYO -- FamilyMart will begin actively offering jobs to students in Southeast Asia to secure personnel that could help the Japanese company flesh out its convenience store presence overseas. Plans call for foreigners, including those from South

Japanese Prime Minister Shinzo Abe and South Korean President Park Geun-hye on March 25 held their first official meeting -- under the mediation of U.S. President Barack Obama. The chat could be the first step toward a full-fledged bilateral summit

TOKYO -- Enthusiasm for higher education in Asian countries is growing as more citizens find themselves being able to afford quality schooling for their children. Governments and institutions have noticed, and are competing to attract talented youth